August 19, 2024
April 4, 2026
August 19, 2024
Baltic set for first weekly gain in five on strong capesize demand
LONDON : The Baltic Exchange’s main sea freight index marked its first weekly gain in five on Friday, helped by higher rates for capesize vessel segment. * The overall index .BADI, which factors in
August 17, 2024
Adani’s Mundra Port continues to expand Indian container trade market share
AHMEDABAD : Competition between government/landlord ports and Adani Ports and Special Economic Zone (APSEZ) in India is heating up, with the latter making rapid inroads into the emerging market. Adani Group’s flagship Mundra Port
August 17, 2024
PIL expands Intra Asia coverage with new China Chittagong Express (CCE)
SINGAPORE : Pacific International Lines (PIL) is pleased to introduce a new weekly direct service connecting key ports in China and Bangladesh. The new service, known as China Chittagong Express (CCE), will commence on
August 17, 2024
COSCO SHIPPING Lines secures TISAX Certification
SHANGHAI : COSCO SHIPPING Lines officially secured the TISAX (Trusted Information Security Assessment Exchange) certification, indicating that the company meets European Union (EU) automotive industry standards for information security risk control. The TISAX certification
August 17, 2024
Hapag-Lloyd raises rates from Asia to Latin America
HAMBURG : Hapag-Lloyd has announced a new General Rate Increase (GRI) from Asia to the West Coast of South America, Mexico, Central America and the Caribbean. This GRI will apply to cargo transported in
August 16, 2024
Asyad Line expands Far East Express service catering for trade growth and sustainability in Asia-GCC corridor
MUSCAT : Asyad Line, part of Asyad Group, is expanding its reach in Asia with a significant enhancement of its Far East Express (FEX) service. Starting August 2024, the upgraded pendulum service will offer
August 16, 2024
Hapag-Lloyd falls short of US$800 million profit in first half
HAMBURG : Hapag-Lloyd concluded the first half year of 2024 with a Group EBITDA of USD 2 billion (EUR 1.8 billion). The Group EBIT decreased to USD 0.9 billion (EUR 0.8 billion) and the
August 14, 2024
New report by Maritime SheEO highlights Progress and Challenges in Gender Equality within India’s Maritime Industry
MUMBAI : A new report, titled the “Survey on Gender Equality in Indian Maritime Industry (2024),” has been released on August 12th, shedding light on the significant strides and ongoing challenges for women in the Indian
August 14, 2024